Tuesday, May 19, 2020 5:22:41 PM
and 20
20 MORE ALSO; There is also a randomized, placebo-controlled trial
planned to treat patients with moderate and severe disease which is intended to be funded by non-equity capital such as grants.
USE OF PROCEEDS
We will receive no proceeds from the resale by the selling stockholders of the shares of our Common Stock issued upon the exercise of the Warrants. We may, however, receive up to approximately $5.4 million upon the cash exercise of the Warrants. We intend to use the proceeds received from any cash exercise of the Warrants to further develop our product candidates and for other general corporate and working capital purposes.
Our management will have broad discretion regarding the use of proceeds from the cash exercise of any of the Warrants, and investors will be relying on the judgment of our management regarding the application of the proceeds from the cash exercise of the Warrants. We may change the use of these proceeds from those described in this prospectus as a result of various factors such as competitive developments, the results of our early clinical development, manufacturing and commercialization efforts, the timing and progress of any partnering efforts, and other factors.
Recent CAPR News
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- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 06/14/2024 08:31:21 PM
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- Capricor Therapeutics Announces Upcoming Type-B Meeting with the FDA to Discuss Commercial Manufacturing Planning with an Aim to Expedite BLA Pathway for CAP-1002 in Duchenne Muscular Dystrophy • GlobeNewswire Inc. • 02/27/2024 01:30:00 PM
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- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 02/16/2024 10:04:29 PM
- Capricor Therapeutics Announces Collaboration with the National Institutes of Health for Clinical Trial of Novel Exosome-Based Multivalent Vaccine for SARS-CoV-2 • GlobeNewswire Inc. • 01/24/2024 02:15:00 PM
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